Albert Rubenstein, Loop Office Building Developer

Albert Irwin Rubenstein, 63, an attorney and president of Fleetwood Realty Co., over the last 20 years developed a number of major office buildings in Chicago`s Loop.

A resident of Highland Park, Mr. Rubenstein died Wednesday in Loyola University Medical Center in Maywood.

Fleetwood`s first project, after being organized in 1969, was putting together the two-square block, three-acre land package that is now Sears Tower.

Other major Loop buildings developed by Fleetwood include 200 W. Jackson Blvd., 200 W. Adams St., 200 W. Monroe St. and 2 N. LaSalle St.

The concept that Mr. Rubenstein emphasized in real estate was the total development of major properties. This concept emphasized all phases of development including research and site selection, financing, architectural design, construction, leasing and management.

He lectured on the concept of ``total development`` to financial executives of major companies from all parts of the United States. He also wrote a number of articles on real estate development for professional journals and newspapers.

Mr. Rubenstein graduated from Herzl City College and Roosevelt University. He received his law degree from John Marshall Law School. The latter awarded him its Outstanding Alumnus Award in 1982.

After being admitted to the bar, he practiced law, and joined a former classmate, Philip Teinowitz, in 1953 in several real estate transactions, including the construction of a high-rise apartment building on Chicago`s South Shore.

Mr. Rubenstein was a past director of the Chicago Real Estate Board and of Jefferson Bank.

He served on plan and downtown development commissions in Highland Park and was honored by the Hebrew Theological College and Telshe Yeshiba.

Survivors include his wife, Joyce; a son, Jeffrey; two daughters, Lauren and Jan; two sisters; and two grandchildren.

Services for Mr. Rubenstein will be held at 11 a.m. Monday at Moriah Congregation, 200 Hyacinth Lane, Deerfield.